The first word is 宝贵 (bǎo guì) which means precious. Let’s look at each character of this word, 宝 means treasure and 贵 means expensive. A way of using it in a sentence is 时间是宝贵的。(Shíjiān shì bǎoguì de.) Time is precious.
宝贝 (bǎo bèi) Treasure
Another word we can create with 宝 is 宝贝 (bǎo bèi). This can mean baby. A way of using it in a sentence is 宝贝，别哭了! (Bǎobèi, bié kūle!) Don’t cry baby!
宝石 (bǎo shí) Gemstone
Finally, we can create the word 宝石 (bǎo shí) which means gemstone. A way of using it in a sentence is 目前世界上最昂贵的宝石有哪些？(Mùqián shìjiè shàng zuì ángguì de bǎoshí yǒu nǎxiē?) What are the most expensive gems in the world now?